J
Jimmy white
Member
What rate of investment return must be assumed when deriving a "reduction in yield" figure for pensions business?
Answer:
The central rate of investment return, ie 7% per annum
I think this question has exposed a bit of a gap in my knowledge as I don't recall seeing anything like this in the core reading. What is a "reduction in yield" for pension business and why is it 7%?
Thanks
Answer:
The central rate of investment return, ie 7% per annum
I think this question has exposed a bit of a gap in my knowledge as I don't recall seeing anything like this in the core reading. What is a "reduction in yield" for pension business and why is it 7%?
Thanks